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Paytm Sells PayPay Stake to SoftBank for $279.2M

Paytm Sells PayPay Stake to SoftBank for $279.2M

Hey Payments Fanatic! Paytm has reached an agreement to sell its stake in Japanese payments firm PayPay to SoftBank for $279.2 million, marking another strategic divestment following regulatory challenges in India earlier this year. The transaction adds to Paytm's recent restructuring efforts, which included the $246 million

Coinbase Commerce Joins Forces with Triple-A to Expand Crypto Payments

Coinbase Commerce Joins Forces with Triple-A to Expand Crypto Payments

Hey Payments Fanatic! Triple-A, a top licensed crypto payment provider for industries like fashion, luxury, travel, and gaming, has introduced a payment option tailored for Coinbase users. Soon, Coinbase users can make seamless payments at merchants in Triple-A’s global network, enjoying an upgraded crypto payment experience. This integration enables

Nuvei Launches Blockchain Payment Solution in LATAM

Nuvei Launches Blockchain Payment Solution in LATAM

Hey Payments Fanatic! Through strategic partnerships with Rain, BitGo, and Visa, Nuvei is introducing a system that enables LATAM merchants to leverage stablecoins, including USD Coin (USDC), for enhanced global settlement efficiency and reduced dependence on traditional payment infrastructure. The solution represents a fusion of traditional and innovative payment technologies,

RTP® Network Boosts Transaction Limit to $10 Million

RTP® Network Boosts Transaction Limit to $10 Million

Hey Payments Fanatic! The Clearing House is raising its RTP® network transaction limit to $10 million, effective February 9, 2025. The increased limit enables instant payments for commercial real estate closings after business hours, daily merchant settlements, immediate supplier payments for manufacturers, and efficient cash concentration for business accounts. "

Record-Breaking Black Friday Cyber Monday Weekend

Record-Breaking Black Friday Cyber Monday Weekend

Hey Payments Fanatic! The 2024 Black Friday/Cyber Monday weekend has transformed into a record-breaking global phenomenon! Let me break down the most impressive numbers for you: Shopify's Record-Breaking Performance: * Total sales reached $11.5B (up 24% from 2023's $9.3B) * 76+ million consumers made purchases

Brazil's Instant Payments Double on Black Friday

Brazil's Instant Payments Double on Black Friday

Hey Payments Fanatic! Brazil's instant payment system Pix has recorded a 120.7% increase in transaction value during Black Friday 2024, reaching 130 billion reais ($21.60 billion) compared to 58.9 billion reais in the previous year, according to central bank data. The system also achieved a

Think You’re the Best in Payments? Prove It with Transacteroids!👾

Think You’re the Best in Payments? Prove It with Transacteroids!👾

Happy Black Friday Payments Fanatic! Peak season is upon us, and for payments professionals, it’s a time of high stakes and endless challenges. But who says we can’t have a little fun along the way? 🎮 Yesterday, I took a break to try out Checkout.com’s Transacteroids game—